Texas economy

How America’s Energy Mistake Plays With Texas’ Economy

Everyone across Texas is feeling the punch of record inflation and sky-high energy prices, and there’s no end in sight. While pandemic disruptions have played a role, actions taken in Washington since the start of 2021 have helped escalate the problem. And their restless remedies do next to nothing to ease our pain. What we […]

Texas economy

As Texas Economy Expands, Governor Abbott Declares May 9-13 “Economic Development Week” in Texas | texasinsider

“It’s clear that the Lone Star State is the best state for business, and by working together, we’ll continue to make Texas the best state in which to live, work and raise a family.” – Governor Greg Abbott Texas Insider Report: AUSTIN, Texas – Governor Greg Abbott today recognized the critical role that local, regional […]

Texas economy

‘Not all doom and gloom’: Central Texas economy thrives despite inflation and recession worries | Business

Thomas Baird, a director of CentraLand Title Co., had the novel “A Tale of Two Cities” in mind Friday afternoon as he described the current economy. “‘It was the best of times, it was the worst of times,’” Baird said. “I look back over the last few years (with COVID-19) and I can’t think of […]

Texas economy

‘Not all pessimistic:’ Central Texas economy thrives despite inflation and recession worries | Region

Thomas Baird, a director of CentraLand Title Co., had the novel “A Tale of Two Cities” in mind Friday afternoon as he described the current economy. “‘It was the best of times, it was the worst of times,’” Baird said. “I look back over the last few years (with COVID-19) and I can’t think of […]

Texas economy

Securing the border is more important than the economy of Texas, says Abbott – Reform Austin

Governor Greg Abbott’s state inspections of commercial vehicles entering Mexico last week had a negative ripple effect on local commerce and the Texas economy, not even hurting the prevention of illegal immigration – what it was originally intended for. Last week, the governor of the state led troopers to inspect trucks crossing largest ports of […]

Texas economy

Could the Texas economy withstand the end of trade with Russia? Lawmakers discuss

AUSTIN, Texas (Nexstar)—At the State Capitol on Wednesday, the House Committee on International Relations and Economic Development was briefed on how ending trade with Russia would affect Texans. This would be done in solidarity with Ukraine as it endures an unprovoked war with Russia. Dr. Ray Perryman, economist, chairman and CEO of the Perryman Group […]

Texas economy

Why Texas’ economy could see a boost from US sanctions on Russia

AUSTIN – The growing series of sanctions imposed by the United States on Russia for its invasion of Ukraine could have a net positive effect on the economy of Texas due to the increase in the price of oil and stimulate the production of state energy. That’s the word of three economics experts who testified […]

Texas economy

Texas economy hit as trucks stop at border | Nation

The economic fallout deepened on Thursday even as Texas Governor Greg Abbott, R, phased out new inspection rules for commercial trucks entering from Mexico, with some businesses saying they are unable to honor the orders because the trucks are blocked in backups of several kilometers. at several entry points. Little Bear Produce is a Texas-based […]

Texas economy

How Texas’ economy can grow even if the state cuts carbon emissions to net zero

Good news, Texas: Reducing greenhouse gas emissions can help the state’s economy meet our needs and the wants of our investors and customers. Our research shows that decarbonization is good for business and the environment. Over the past two and a half years, we’ve conducted an in-depth analysis that has looked at different pathways to […]

Texas economy

Abbott’s truck inspection is ‘bad for the Texas economy’

John C. Moritz Democrat Beto O’Rourke jumped on reports that Gov. Greg Abbott’s inspection policy for all commercial trucks entering Texas from Mexico is causing huge commercial backlogs and said Tuesday the two-term Republican “killing Texas businesses and economy”. “It’s going to be very bad for the Texas economy. It’s going to be very bad […]

Texas economy

Commentary: The Texas Economy Needs Immigrants

We hire. Job offer, apply inside. No experience required. Join our team. Looking for a rewarding career? These words are seen everywhere in today’s business environment. Businesses need employees to succeed and keep their doors open. The economic conditions of the past two years as our community battled the coronavirus have only amplified the hiring […]

Texas economy

Texas economy, supply chain issues at Port of Brownsville

Governor Greg Abbott today met with port sector leaders, staff and stakeholders from the Port of Brownsville for a roundtable discussion on the Texas economy, supply chain issues and the port industry. (PHOTO: Governor’s Office) – Advertisement – Texas Border Affairs AUSTIN, Texas – Governor Greg Abbott today met with port sector leaders, staff and […]

Texas economy

Governor Abbott Talks Texas Economy and Supply Chain Issues in RGV

BROWNSVILLE, Texas (ValleyCentral) – Governor Greg Abbott is visiting the Valley today to discuss the state’s economy and supply chain issues affecting Texas. “These ports, they create thousands of well-paying jobs, they’re critical to the supply chain issues we face today,” Abbott said. LOCAL NEWS: ‘It must have been someone she knew’ Harlingen woman found […]

Texas economy

Texas economy strengthens as Omicron fades; Costs and wages are still rising

Regional Jesus Canas and James Lee March 24, 2022 Texas’ economy, paced by service-sector expansion, grew strongly in February as the impact of the omicron variant of COVID-19 faded, according to data from the Business Outlook Surveys. Texas (TBOS). Wage and price pressures have continued and, together with recent geopolitical events, are challenging the outlook […]

Texas economy

UTSA Institute for Economic Development Added $3 Billion to Texas Economy in 2021 | UTSA today | UTSA

“IED is a critical part of UTSA’s knowledge business and its $3 billion economic impact for the State of Texas is staggering,” said Bernard Arulanandam, UTSA Vice President for Research, Economic Development and Knowledge Enterprise. “Combining this milestone with the broader and ever-evolving UTSA innovation ecosystem and focus on technology disclosures, patents and proofs of […]

Texas economy

US inflation highest in 40 years, East Texas economic experts warn there’s no respite in sight

TYLER, Texas (KLTV) — From groceries to the gas station, and just about everything in between, Americans are feeling the pinch of inflation. Earlier this month, the Labor Department said consumer prices jumped 7.5% last month from a year earlier, the biggest year-over-year increase since February 1982. Measured from December to January, inflation was 0.6%, […]

Texas economy

Federal aid helps border keep pace with Texas economy during pandemic crisis

Regional Jesus Cañas, Pia Orrenius and Juliette Coia March 01, 2022 Communities along the Texas-US border suffered a series of economic blows beginning with the arrival of COVID-19 in March 2020. Challenges included high infection and death rates, a closure of ports of entry and a collapse in trade. However, subsequent U.S. pandemic relief policies […]

Texas economy

Russo-Ukrainian War: What it could mean for the Texas economy

State senator calls for probe into Texas investments in Russian Federation as state braces for windfall oil and gas revenue DALLAS — If the State of Texas has invested money in the Russian Federation, Texas State Senator Paul Bettencourt wants it all. Yesterday. “We need to investigate because, quite frankly, any money in the Russian […]

Texas economy

Abbott shines light on Texas economy and appeals to Tyler voters at Smith County Republican Party fundraiser

TYLER, Texas (KETK) — Governor Greg Abbott visited Tyler on Tuesday night and spoke about the Texas economy, the border, and the state’s fentanyl crisis. Abbott delivered a keynote address after 7 p.m. at the Smith County Republican Party’s Lincoln Reagan Dinner. The event was part of the Keep East Texas Red fundraiser which benefits […]

Texas economy

Texas economy sees mixed recovery as service sector growth slows

As Texas’ economy continues to recover amid the grueling coronavirus pandemic, there are signs that the state’s service sector still faces challenges. This is the result of a new survey from the Federal Reserve Bank of Dallas indicating that the performance of the services sector fell considerably in January. However, manufacturing activity in the state […]

Texas economy

TWC Commission: “The Texas economy is on fire” |

Texas Labor Commissioner Bryan Daniel gave an insightful presentation detailing the current state of the Texas workforce, how TWC responded at the height of the pandemic, and outlined the state’s economy as “on fire” during the “Quarter 1 Industry Inclusion Luncheon” hosted by the Kerr Economic Development Corporation last week at Schreiner University. Daniel dissected […]

Texas economy

Labor and economic experts discuss how the Texas economy has adapted during the pandemic

Year 3: COVID and the economy Are you having trouble viewing? Watch this video on texastribune.org. Although Texas’ economy has largely recovered from the COVID-19 pandemic, the state is still experiencing a child care staffing crisis, forcing working parents to continue to stay home with their children. children, said Alfreda Norman, senior vice president of […]

Texas economy

Texas economy ‘soars’ for omicron as some California businesses voluntarily close

Find out what clicks on FoxBusiness.com. Texas’ the economy is “booming” with no signs of slowing as businesses in other states like California voluntarily close during the surge in cases. “With Christmas shopping boosted by the early start of the holiday promotional pricing weeks ahead of Black Friday, and despite supply chain lockdowns and household […]

Texas economy

‘Booming’ Texas economy sets monthly high in sales tax collections for third straight month

AUSTIN (Reuters) – Texas imposed more sales taxes than ever before in December, setting a new monthly record for the third month in a row as businesses and consumers sent in “rising” receipts from all major sectors of the state’s economy, Comptroller Glenn Hegar said Monday. Retail spending grew most strongly in electronics, appliance and […]

Texas economy

Texas economy continues to rebound, though recovery is mixed

Amid coronavirus variants and supply chain issues, Texas’ economy continues to rebound, though the recovery is mixed. The state’s manufacturing sector saw growth in December, while several sectors in the service sector showed a slower pace of acceleration this month, according to new surveys from the Federal Reserve Bank of Dallas. The Dallas Fed surveys […]

Texas economy

Ray Perryman: The Long-Term Prospects for the Texas Economy | Columnists

The COVID-19 pandemic has caused significant economic disruption, but the Texas economy continues to recover. Recently released October data indicates that Texas’ seasonally adjusted unemployment rate continues to decline and now stands at 5.4%. Texas added 56,600 jobs for the month and is nearly back to pre-pandemic levels. While issues such as supply chain challenges […]

Texas economy

The Texas economy is booming; East Texas is a big reason why

TYLER, Texas (KETK) – As the country recovers from the cost of the pandemic, our state’s economy is booming. Texas has won the title of “Best State for Business” for the 17th consecutive year. This means businesses here on the Loop and throughout East Texas are seeing an increase in investment that will strengthen our […]

Texas economy

The long-term outlook for the Texas economy

The COVID-19 pandemic has caused significant economic disruption, but the Texas economy continues to recover. Recently released October data indicates that Texas’ seasonally adjusted unemployment rate continues to decline and now stands at 5.4%. Texas added 56,600 jobs for the month and is nearly back to pre-pandemic levels. While issues such as supply chain challenges […]

Texas economy

Ray Perryman: Powers Transformed Texas Economy | Columnists

My dear friend, Pike Powers IV, recently succumbed to Parkinson’s disease after a courageous struggle. Beyond the Austin area you may not recognize his name, but he changed your life. He was the most powerful force in making Texas an international technological powerhouse. Its impact is unprecedented and we are all beneficiaries. In the early […]

Texas economy

Moving Production of ‘Fear the Walking Dead’ Deal a Blow to Central Texas Economy

“Lost”‘s Maggie Grace stars in season 4 of “Fear the Walking Dead” as new character Althea, who makes a hell of an entrance in a vehicle with a connection to San Antonio – a Bexar Country SWAT truck with plenty of power of fire.Richard Foreman Jr./AMC One of Central Texas’ biggest television productions is DOA. […]

Texas economy

Texas economy cannot function without immigrant workers

Freshman construction giant Marek Brothers sponsored an internship with high school students in Texas, 18 of the 25 participating students graduated and had $35,000-a-year jobs awaiting them. They went to their high school classes until noon, then were bussed to a Marek-funded construction lab at a community college. But it wasn’t until the end of […]

Texas economy

Texas economy will be fine without oil and gas, with green energy jobs: Dallas Fed

Texas has slowly moved away from oil and gas, but its economy continues to outperform. The Dallas Fed has said that in the long term, renewable energy will not dampen economic growth. Texas could be a model for what the entire US economy might look like as it transitions to green energy. Loading Something is […]

Texas economy

Governor Abbott Praises Texas Economy and Business Climate at Greater Beaumont Chamber of Commerce Annual Meeting | Texas Governor’s Office

October 12, 2021 | Austin, TX | Press release Governor Greg Abbott spoke today at the annual meeting of the Greater Beaumont Chamber of Commerce. During his remarks, Governor Abbott extolled the strength of the economy and the business climate in Texas and thanked the Greater Beaumont Chamber of Commerce for its tremendous work in […]

Texas economy

‘Inadequate’ COVID protections hurt Texas economy

TEXAS — The recent surge in COVID-19 cases is not only hitting the state in terms of lives lost, but it’s impacting the Texas economy. That’s according to a new report from the Perryman Group, an economic research and analysis firm in Waco. What do you want to know Recent spike in COVID-19 cases is […]

Texas economy

Massive corporate relocation is fueling Texas’ economy and housing boom

“Six of the ten fastest growing US counties are here in the Lone Star State. There’s no better time to buy property in Texas than right now…’ HOUSTON, July 29, 2021 /PRNewswire/ — White Commercial Real Estate (WCRE) has highlighted its unique role in helping investors capitalize on the resurgence of Texas economy, recently featured […]

Texas economy

Massive corporate relocation fuels Texas economy and housing boom

HOUSTON, July 29, 2021 /PRNewswire/ — White Commercial Real Estate (WCRE) has highlighted its unique role in helping investors capitalize on the resurgence of Texas economy, recently featured in a glowing public review by Texas governor, Greg Abbott. Like the 9and largest economy in the world by GDP, Texas remains positioned for greater economic expansion […]

Texas economy

Texas economy buzzes as COVID-19 ebbs, giving lawmakers more to spend, Comptroller Glenn Hegar says

AUSTIN — Comptroller Glenn Hegar released a revised revenue estimate Wednesday that gives lawmakers at least $7 billion more for discretionary state spending either in the special session that begins Thursday or when they return for the regular session of 2023. To spend it in the special session, the Legislative Assembly would have to apply […]

Texas economy

Texas economy on course for post-pandemic recovery

Several economic indicators, including employment rates, indicate the state’s economy is starting to rebound from the pandemic, according to a report from the Texas Real Estate Center. Getty Images Texas’ economy initially suffered more economic losses from the COVID-19 pandemic than from any previous crisis, according to Luis B. Torres, research economist at Texas A&M’s […]

Texas economy

What does the Colonial Pipeline cyberattack mean for the Texas economy?

AUSTIN (KXAN) — An extended shutdown of the Colonial Pipeline — shut down after falling victim to a ransomware attack on Sunday — could have ripple effects on the Texas economy, energy experts say. Colonial Pipeline Stretching 5,500 miles from Texas to New Jersey, the Colonial Pipeline is the largest in the United States and […]

Texas economy

Uncertainty for the Dreamers is costing my business and the Texas economy

“Juan” was a bright young man who started working for my company as a packing logistics clerk right out of high school, earning money to support his family and pay for his education. He caught on quickly and quickly became one of the most effective members of my team. I called him to discuss a […]

Texas economy

“Do you have any milk? : dairy products are a major economic factor in the economy of Texas | Herald of Copperas Cove

‘Have milk?’ It’s a popular campaign slogan that families across the country and in Texas regularly ask for as the need for the drink increases. According to the Texas Association of Dairymen, 351 Texas Grade A Dairies, with about 586,395 cows, produced more than 14.8 billion pounds of milk, or more than 1.7 billion gallons, […]

Texas economy

Arts and culture industry generates $6.1 billion for Texas economy, study finds

AUSTIN, TX, March 24, 2021 /PRNewswire/ — The Texas Cultural Trust (TXCT), a nonprofit organization dedicated to maintaining and increasing support for a vibrant community Texas where the arts foster economic growth, creativity and excellence, today announced the results of a study by leading researchers. The 2021 State of the Arts Reportsupported by the Houston […]

Texas economy

Texas economy adds 32,600 jobs in January, unemployment rate remains at level

Austin, TX, March 12, 2021 — The state’s unemployment rate held steady at the turn of the year while Texas added 32,600 private sector jobs. This is half of the gross jobs added in December 2020. Texas’ seasonally adjusted total unemployment for January 2021 is set at 958,746. Data from local unemployment statistics The unemployment […]